Functional Skills - Buying and owning a new car

Learning Objective:

• we are learning to
• calculate the costs of buying and running a new car over 3 years.
• Identify the tax band and calculate the price of a car
• Calculate the cost of insurance and fuel for each person over 3 years and the second hand sale value of a vehicle after 3 years

Starter 1

• Can you already work out simple percentages? Convert gallons into litres?
• Let's be sure you can. Try this do it now task:

Starter 2:

• Here is a video clip for you to watch. Jot down any important facts.

Discussing:

• What interesting facts did you learn about in this video clip?
• What important facts ares missing from this video clip?
• What are the financial considerations when buying a new car?

Task :

• Today, you are going to work with a partner.

You will be working in pairs
You will need to use the booklet provided to help you:

Choose a character and then choose their car


Work out the cost of buying the new car.


Over a three year period:
Identify the total cost of road tax for the vehicle


Calculate how much it would cost your character to insure their car over the period


Calculate the total cost of fuel for your character/vehicle combination


Work out how much the car will be worth to sell on after three years.

Work out the total cost to your character over a three year period.

Your teacher will give you a set of envelopes to solve the above questions.

Sharing:

• A presentation I have created and rehearsed looks like

Assessing:

• Have you?
• calculated the costs of buying and running a new car over 3 years?
• Identified the tax band and calculate the price of a car?
• Calculated the cost of insurance and fuel for each person over 3 years and the second hand sale value of a vehicle after 3 years?